Calculate Swiss mortgage amortisation schedule. Swiss rules require indirect or direct amortisation of the second mortgage tranche (above 65% LTV) within 15 years or by age 65. Minimum own funds: 20% of property value (10% must be hard equity, not pension assets).
Enter the values for the scenario you are assessing. Calculate Swiss mortgage amortisation schedule. Swiss rules require indirect or direct amortisation of the second mortgage tranche (above 65% LTV) within 15 years or by age 65. Minimum own funds: 20% of property value (10% must be hard equity, not pension assets). Use the switzerland amortisation result to inform your calculation.